Push on wages squeezes corporate profits

McDonald’s and Walmart caught between workers’ demands and investor concern

Brexit-hit housebuilders are bargains

Sector sell-off leaves stock looking better value than house prices

Spotify lashes out at Apple over app rules

Music subscription service says App Store controls harm competition

Oracle to pay HP $3bn after losing lawsuit

Software group loses second multibillion-dollar legal battle

©Company; FT montage

Zenefits agrees to halve value to $2bn

HR start-up’s new chief tries to put legal woes behind it

Tesla reveals first self-driving car death

Regulators probe role technology may have played in accident

Mondelez

Mondelez/Hershey: bitter and sweet

Anachronistic chocolate group may be ready to modernise

Janus buys into ex-Pimco manager’s fund

Investment group backs Vineer Bhansali’s hedge fund

Hershey rebuffs $23bn bid by Mondelez

Rival chocolate maker says approach has no basis for discussion

BRITAIN-MEDIA-POLITICS-TRIAL...Former Head of News International Rebekah Brooks (L) and her husband Charlie Brooks prepare to give a statement to members of the media in the wake of the phone-hacking trial, in London on June 26, 2014. Former Rupert Murdoch confidante Rebekah Brooks was cleared of all charges in a dramatic end to Britain's marathon media trial on Tuesday June 24, 2014. AFP PHOTO / NIKLAS HALLE'N (Photo credit should read NIKLAS HALLE'N/AFP/Getty Images)

News Corp buys Wireless Group

Move is part of a longer-term strategy to diversify

Lions Gate buys Starz in $4.4bn deal

Hollywood film studio builds scale as media industry consolidates

Brexit forex trading bonanza boosts banks

Record day on foreign exchange desks tested stamina and resilience

Spanish tax inspectors raid Google office

Action comes a month after a similar probe in Paris

US banks to pay $96bn after stress tests

Shareholders in line for biggest payouts since financial crisis

Amazon eyes far horizons for drone launch

US rules lead to testing overseas to get scheme off the ground

CIBC in $3.8bn deal for PrivateBancorp

Canadian lender to acquire Chicago-based group in push to expand south of border

Bank capital: stress less

Fed is allowing lenders to return much more capital to shareholders

Deutsche and Santander fail stress tests

Morgan Stanley ordered to resubmit capital plan by end of 2016

Pop stars complain to Brussels over YouTube

Artists say Google service is ‘unfairly siphoning value’

HK’s shares watchdog growls at BofA

Bank failed to disclose its trading in two companies it was advising

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